# Graniteshares 3X Long Amazon Daily ETP (3LZP)

**Page:** https://fundology.uk/fund/3lzp · ISIN XS2675292218

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, 3LZP (Graniteshares 3X Long Amazon Daily ETP, ISIN XS2675292218) closed at £41.70 on the London Stock Exchange. Its ongoing charge is 2.44% a year (about £244 on £10,000). Over the three years to 13/11/2026 its total return was +56.7%, or +41.6% after UK CPIH inflation.

## Summary

Graniteshares 3X Long Amazon Daily ETP is an exchange-traded product from GraniteShares, launched in 2020. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 2.44% a year — about £244 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **£41.70** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3LZP |
| ISIN | XS2675292218 |
| Also listed as | 3LPE (London Stock Exchange, euros), 3LZN (London Stock Exchange, US dollars) |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | GraniteShares |
| Tracks | Solactive Daily Leveraged 3x long Amazon |
| Income | Accumulating |
| Ongoing charge | 2.44% a year (£244 per £10,000) |
| Fund size | £5.7m |
| Launched | 2020 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 18/09/2023 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -23.71% | -26.41% | income reinvested |
| 3 years | +56.72% | +41.59% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Graniteshares 3X Long Amazon Daily ETP in pounds (price, with income reinvested in the fund): 2024 +112.3%, 2025 −42.0%; 2026 to 13/11/2026 +8.3%. Returns of Graniteshares 3X Long Amazon Daily ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −8.3%; to 30/09/2025: +0.7%; to 30/09/2024: +97.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2024 | +112.3% | +105.1% | Price |
| 2025 | -42.0% | -43.9% | Price |
| 2026 to 13/11/2026 | +8.3% | +4.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 106.70% | -50.40% |
| 3 years | 89.33% | -68.95% |

## Largest fall

Volatility of Graniteshares 3X Long Amazon Daily ETP in pounds, annualised from weekly returns to 13/11/2026: 106.7% over 1 year, 89.3% over 3 years. Largest fall in the price of Graniteshares 3X Long Amazon Daily ETP since September 2023, in pounds: −69.0% from 31/01/2025 to 18/04/2025. The lowest 12-month return of Graniteshares 3X Long Amazon Daily ETP in pounds (price, with income reinvested in the fund) since September 2023 was −63.2% (12 months to 13/02/2026); the highest was +149.1% (12 months to 03/01/2025). On 13/11/2026 the price of Graniteshares 3X Long Amazon Daily ETP was 47.2% below its highest weekly close since September 2023 (31/01/2025), in pounds.

## Charges compared with similar funds

Ongoing charge of Graniteshares 3X Long Amazon Daily ETP 2.44% a year. Compared on 14/11/2026, 79 of the 210 other leveraged and inverse products charge more, 0 the same and 131 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **2.44%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of 3LZP?**

The ongoing charge of 3LZP is 2.44% a year — about £244 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Graniteshares 3X Long Amazon Daily ETP 2.44% a year. Compared on 14/11/2026, 79 of the 210 other leveraged and inverse products charge more, 0 the same and 131 less (share classes counted once).

**What does 3LZP track?**

3LZP tracks the Solactive Daily Leveraged 3x long Amazon.

**Is 3LZP accumulating or distributing?**

3LZP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of 3LZP?**

The ISIN of 3LZP is XS2675292218. An ISIN identifies one exact share class of a fund; 3LZP is its ticker on the London Stock Exchange. The same share class is also listed as 3LPE (London Stock Exchange, euros) and 3LZN (London Stock Exchange, US dollars).

**What were 3LZP’s returns in each of the last five years?**

Calendar-year returns of 3LZP in pounds (price, with income reinvested in the fund): 2024 +112.3%, 2025 −42.0%; 2026 to 13/11/2026 +8.3%. Past performance is not a guide to future returns.

**How has 3LZP done after inflation?**

Over the three years to 13/11/2026 3LZP’s total return was +56.7%, or +41.6% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.
